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for the company. is it too late to buy the stock. >> we're counting down to apple's earnings report and that will be after the close. the shares over the $400 mark. one way or the other. >> luxury not dead, at least not according to coach and we'll dig deeper into those numbers. >> u.s. airways and delta beating those numbers. >> not quite as sanguine. we'll take a look at the airline sector and talk about travel turbulence a bit, as well. >> definitely not comericcal. >> for the first time since september 2011. the video streaming service posted quarterly earnings of 31 cents and well above estimates and said it added 2 million streaming subscribers in the u.s. helped by "house of cards." people, jim, this morning are saying netflix became hbo faster than hbo could become netflix. >> 30 million. internationally you got more than 30 million. i don't think people realize how non-promotional will this conference call was. it really was. they said, listen, the reason why we did well is -- no, it's a combination of things. we didn't lose people after we made the change. people do like "
concerns. shares of apple suppliers tumbled. >>> and voting on the next italian president gets under way in rome with berlusconi and bersani apparently backing the same candidate. rifts in the upper left could jeopardize the process. >>> and we're live in moscow amid rumors of division in the kremlin. we'll speak with the former president of the czech republic in the next 15 minutes. >>> welcome to "worldwide exchange" this morning. plenty going on in the program. we also want to draw your attention first and foremost to the continuing issues across the commodity complex, one where gold has gotten the lion's share of attention. but others, whether it's industrial metales and crude are participating today. a rebound shaping up, but not the case for copper, dr. copper down better than 1%, 1.2%, in fact. and that is spurring a sell-off in the shares of a lot of the minors. new crest among those heavily to the downside in some cases. fortescue down nearly 8%. rio and bhp have recovered a little bit as we move through the trading session. and it's not just the big names, two smaller names wer
are pricing for a chinese slowdown. >>> and apple stocks continue to tumble ahead of the earnings report tomorrow. we'll get you the latest action from new york as investors brace for more volatility. >> george napolitano is expected to tell lawmakers today how he intends to end the political stalemate and form a new government. this after the 87-year-old was re-elected for an unprecedented second term on saturday after politicians failed to agree on another candidate. he is expected to form a bipartisan cabinet. he's thought not to favor or relish the idea of fresh elections. still, his re-election has been met with anger by some including beppe grillo blasting it as a traditional party trying to hang on to power. >> they have chosen, again, a president instead who is able to guarantee the judicial power of this country in order to save berlusconi's [ bleep ] and save the left [ bleep ] with regard to the monte depasco scandal. >> politicians have been urged to finally form a government or risk a long recession in the country. georgeo said italy is not belgium and needs a government. go
to keep an eye on apple shares today. it dropped below $400 yesterday or the first time in 16 months. the decline came after a chip suppliers forecast led them to start worrying about weakening demand for the iphone and ipad. joining us is gene munster. gene, by the way, also covers google and google will be reporting after the bell tonight. gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think there's an opportunity here. the street numbers still need to get reset. we're 10% below the street for the june quarter. i think once these estimates get reset, that's the point where investors are going to start to get interesting. the southside still hasn't taken those nebs d
today, off the lows, down 79 points. the nasdaq, once again, hardest hit, down 1.2%. a dayt apple fell below $400, now at 31.66 on the nasdaq composite, and the s&p down ten-plus points at 1541, and we are just moments away from earnings from the big three, ibm, microsoft, and google. we have them all covered for you. david garrity from gba research. >> wow. >> yeah, we're back on "power lunch" days. >> is that an octabox. >> jon fortt, josh lipton. first, heather hughes and rob malcolm, along with greg ip "the economist." everybody's in the water, so we can just jump in. heather, what do you make from the markets this week? what's the message from this very volatile market in your view? >> well, the markets have picked up volatility. before last week, the vix volatility measure was at all-time lows, since 2007. that, of course, has increased, but it will be interesting when we get these earnings numbers coming out now. of course, corporate profits, that's key. it seems like it's coming from revenue minus costs, we're cutting cost sides of the equation, not necessarily revenue and topl
the market. shares of apple are up 40% from their high in 2012. apple stockt 5.50% in its trading yesterday. >>> "the new york times"ays s scientists have discovered the degnome of the see la camp. what is that? it's a pre constructed fish rjt they look at how fish learn to walk and breathe air. >>> and the "houston chronicle" says the senate urges obama to pardon boxer jack johnson. he crossed state lines with a white woman for, quote, immoral purposes. he would right johnson's name and correct a historical wrong. >>> the wall screen journal says cars could go mainstream by 2035. experts say they will be able to pile up themselves in stop and go traffic. who pays in a driverless car? >> i want to pass on that. >>> we've been reporting all morn on the texas explosion that killed as many as 15 people. we want to go back to west, texas. manuel bojorquez is there. manuel, good morning again. >> reporter: good morning, gayle. the weather has turned cold and rainy here. that is certain to hamper some of the efforts of the authorities as they look for survivors. as you mentioned earlier, 160 peop
Search Results 0 to 5 of about 6

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